1-877-634-3642
1-877-NEHEMIAH

IRS Ruling 2006-27

HUD Mortgagee Letter 2006-13 - (May 25, 2006)
HUD Mortgage Letter 2006-13 requires mortgagees to determine that downpayment assistance gifts are from sources acceptable to FHA. For FHA, charitable organizations are those nonprofits that are exempt from income taxation under section 501(a) of the Internal Revenue Service Code of 1986 pursuant to section 501(c)(3) of the IRC. The mortgagee is responsible for ensuring that an entity is a charitable organization (see IRS Publication 78 below).

IRS Publication 78 - Cumulative List of Organizations described in Section 170(c) of the Internal Revenue Code of 1986
Contains a list of organizations eligible to receive tax-deductible charitable contributions
(Search for Nehemiah Corporation of America, Sacramento, CA)

FHA Web Page on DAPs whose nonprofit status has been revoked

Letter from Nehemiah President and CEO - (May 22, 2006)

FAQ's re. IRS Ruling 2006-27 - (May 11, 2006)

Letter from Nehemiah President and CEO - (May 5, 2006)

HUD honors all contracts with downpayment assistance from Nehemiah

Nehemiah's IRS Nonprofit 501(c)(3) Letter